PUD 1 approves power credit

Mason County PUD 1 will receive $594,857 from the Bonneville Power Administration’s Power Dividend Distribution Credit through the next 10 months. PUD 1 will pass that money on to its customers after approving the action at the Dec. 13 commissioners meeting.

PUD 1 staff proposed setting aside $25,000 in the local government investment pool to help fund the PUD’s low-income energy assistance program as required by the state’s Clean Energy Transformation Act and the remaining $569,857 will be divided evenly among existing electric customers and passed through as a bill credit each month from Dec...